WazirX (CRYPTO: WRX) — Company Overview, News & Financial Data
WazirX is a cryptocurrency exchange platform that provides digital asset trading, spot markets, and derivative products for retail and institutional investors in India.
WazirX
About
WazirX is a cryptocurrency exchange platform that provides digital asset trading, spot markets, and derivative products for retail and institutional investors in India. Registered with Financial Intelligence Unit India as a reporting entity, the platform facilitates fiat-to-crypto transactions in Indian Rupee and Tether trading pairs across more than 300 cryptocurrencies. Users access spot order execution, Indian Rupee-settled perpetual futures contracts with configurable leverage, automated trading interfaces, and custodian-backed asset storage through third-party custody providers. The ecosystem is supported by a native token that functions within fee structures and platform incentives across desktop and mobile trading applications.
Snapshot
Operations
Products and/or services of WazirX
- Spot Trading: A digital asset exchange platform supporting over 300 cryptocurrencies in Indian Rupee and Tether trading pairs, allowing users to execute market, limit, and stop-limit orders with automated order matching capabilities.
- Futures Trading: An Indian Rupee-settled perpetual futures contract platform enabling long and short positions on major cryptocurrencies with leverage options up to 150x alongside integrated stop-loss and take-profit risk management tools.
- Subscription Trading Discount: A monthly subscription program that provides members with unlimited spot cryptocurrency trading with zero trading fees across supported digital asset markets for a fixed fee of 99 Indian Rupees.
- Instant Purchase: A simplified fiat-on-ramp interface designed for immediate cryptocurrency purchases, enabling retail investors to buy supported tokens directly using integrated local banking payment methods like IMPS, NEFT, and RTGS.
- Trading API: A high-frequency developer interface that provides automated programmatic access to digital asset markets, order books, account balances, and order execution functionalities for institutional and algorithmic crypto traders.
- Referral Program: An incentive system that allows users to earn up to 50 percent of trading commission fees generated by invited participants across spot and derivatives markets on the platform.